diff --git a/releasenotes/notes/drop-python-37-38-2a6336af44050fec.yaml b/releasenotes/notes/drop-python-37-38-2a6336af44050fec.yaml
new file mode 100644
index 000000000..ab605dfad
--- /dev/null
+++ b/releasenotes/notes/drop-python-37-38-2a6336af44050fec.yaml
@@ -0,0 +1,6 @@
+---
+upgrade:
+  - |
+    Support for Python 3.7 and 3.8 has been dropped. Python 3.7 support was
+    untested and known to be broken for multiple releases, while Python 3.8
+    is going EOL in October 2024.
diff --git a/setup.cfg b/setup.cfg
index 2030b35a9..2f375b29a 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -6,7 +6,7 @@ description_file =
 author = OpenStack
 author_email = openstack-discuss@lists.openstack.org
 home_page = https://docs.openstack.org/openstacksdk/
-python_requires = >=3.8
+python_requires = >=3.9
 classifier =
     Environment :: OpenStack
     Intended Audience :: Information Technology
@@ -15,7 +15,6 @@ classifier =
     Operating System :: POSIX :: Linux
     Programming Language :: Python
     Programming Language :: Python :: 3
-    Programming Language :: Python :: 3.8
     Programming Language :: Python :: 3.9
     Programming Language :: Python :: 3.10
     Programming Language :: Python :: 3.11
diff --git a/tox.ini b/tox.ini
index 6ad250499..86a1e794f 100644
--- a/tox.ini
+++ b/tox.ini
@@ -23,7 +23,7 @@ commands =
     stestr run {posargs}
     stestr slowest
 
-[testenv:functional{,-py38,-py39,-py310,-py311,-py312}]
+[testenv:functional{-py39,-py310,-py311,-py312}]
 description =
     Run functional tests.
 # Some jobs (especially heat) takes longer, therefore increase default timeout